Valeura Energy Inc. (TSE:VLE - Get Free Report)'s stock price rose 8.2% on Thursday . The company traded as high as C$8.15 and last traded at C$7.92. Approximately 232,965 shares changed hands during trading, a decline of 40% from the average daily volume of 388,911 shares. The stock had previously closed at C$7.32.
Valeura Energy Stock Down 0.6 %
The stock's 50-day moving average price is C$7.24 and its 200-day moving average price is C$5.67. The company has a current ratio of 1.91, a quick ratio of 3.37 and a debt-to-equity ratio of 25.27. The stock has a market cap of C$540.35 million, a price-to-earnings ratio of 6.47 and a beta of 0.81.
Insiders Place Their Bets
In other news, Director James D. Mcfarland sold 100,000 shares of the firm's stock in a transaction that occurred on Friday, January 17th. The shares were sold at an average price of C$7.70, for a total transaction of C$770,200.00. Company insiders own 18.32% of the company's stock.
About Valeura Energy
(
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Valeura Energy Inc is an upstream oil & gas company, with a clear strategy to add value for shareholders through growth. The Company is expanding operations organically and through acquisitions in Southeast Asia, focussing on assets with immediate or substantial near-term cash flow, with imbedded reinvestment opportunities.
Further Reading
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